9482 Highway 150GreenvilleIN47124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Greenville at 9482 Highway 150, Greenville, IN, 47124 offers a 9.06% rental yield on a $210,000 purchase with $1,585/mo rent. Total monthly income registers $1,585/mo, and a $1,028/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,891/yr on $69,615 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 132.61% and total cumulative return in cash at $92,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,585/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
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Listed by: Jessica L Berry • Guernsey Enterprises, Inc. Realty
Mls Name: SIRA
Mls ID: #2025012759